Below is the technical chart of Hindustan Copper Ltd. (HINDCOPPER), listed on Indian stock exchange, using Ichimoku Kinko Hyo indicator.

 

 

 

 

 



 

 

Yesterday, the share of Hindustan Copper Ltd., closed above kumo; so is the chikou span (CS) line. So, the chart shows bullish breakout. One can buy this stock with a stop loss of 210 for a target of 279. It's resistance area is from 279-360. So, if the stock coming down from these levels, just book your profits and sit on cash.

Hindustan Copper Ltd. Technical chart | 05-Jan-2012
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